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Abby Kaminsky, Age 32, Has Decided to Take Out a Limited

Question 95

Multiple Choice

Abby Kaminsky, age 32, has decided to take out a limited payment life policy. She chose this since she expects her income to decline in future years. Abby has decided to take out a 20-year payment life policy with a coverage amount of $200,000. Her annual premium will be:


A) $1,158
B) $2,316
C) $2,136
D) $1,518
E) None of these

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